C3 AI stock falls 30% as CEO Siebel calls preliminary sales numbers ‘completely unacceptable’

C3 AI stock falls 20% as CEO Siebel calls preliminary sales numbers 'completely unacceptable'

C3 AI shares tumbled after it announced preliminary financial results and a restructuring of its global sales and services organization.

C3 AI Stock Plunges After 'Completely Unacceptable' Q1 Sales - C3.ai (NYSE:AI)

C3AI stock plummets by more than 20% on Monday after the company released early financial figures.

C3 AI stock falls 20% as CEO Siebel calls preliminary sales numbers ‘completely unacceptable’ – DG Verifications & Stats

In this article AI Follow your favorite stocksCREATE FREE ACCOUNTThe C3.ai logo is seen near a computer motherboard in this illustration taken on Jan. 8, 2024.Dado Ruvic | Reuters Shares of the enterprise artificial intelligence company C3 AI tumbled more than 20% Monday after it announced preliminary financial results and a restructuring of its global sales and services organization. C3 AI said Friday that it expects to report revenue between …

C3.ai Dips 30% After Q1 Preliminary Results Show Disastrous Revenue and Loss - Wall Street Pit

C3.ai (AI) stock plummeted over 30% to below $15 in early Monday trading after reporting July quarter revenue of $70.3 million, 33% below guidance, compounding a 36% year-to-date decline. Analyst Gil Luria of D.A. Davidson downgraded C3.ai to 'Underperform,' cutting the price target to $13 from $25, citing “catastrophic” results…

C3 AI Restructures Sales and Services to Boost Growth - AI-Tech Park

New leadership includes Chief Commercial Officer, General Manager of EMEA, North America C3 AI (NYSE: AI), the Enterprise AI application software company, in the course of Q1, has restructured its global sales and services organization, including new leadership. That restructuring is now complete. New leadership includes: Rob Schilling joins C3 AI as EVP and Chief Commercial Officer, responsible for all Sales, customer-facing teams, and Alliance…

C3 AI cuts Q1 revenue outlook, revamps sales org amid search for new

By Larry DignanC3 AI said its fiscal first quarter sales will be well below expectations and that it has reorganized its sales operations. The news, announced at 7:30 PT EST on a Friday, lands a few days after C3 said it would look for a successor to CEO Tom Siebel, who is stepping down due to visual impairment due to an autoimmune disease. In a statement on the sales reorg, Siebel said: "The good news is we have completely restructured the sa…